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Price paid by Profi for Albinuta network:
Profi retailer, which is a part of French group Louis Delhaize, paid around 7.5 million euros (25.2 million RON) to the Lithuanian-based Maxima LT for taking over the Albinuta store network,...
NBR raises interest rate by 0.5% to 8% a year
NBR has taken one more step towards making lending in RON more expensive, when it upped the key rate by 0.5%, to 8% a year yesterday. Analysts believe that sooner or later customers will fee...
Car leasing to be outranked by equipment leasing
The growth rate of car leasing is expected to slow down within the next three years, with equipment financing to begin to gradually dominate the market, according to Septimiu Postelnicu, exe...
Seat targets 30 dealers by 2012
Spanish car brand Seat, whose domestic dealer network is held by Porsche Romania, plans to launch its most important sales centres outside the capital and targets 30 branches by 2012, agains...
Competition Council approves PharmaFarm takeover by Richter Gedeon
The Competition Council approved on December 20, 2007 the takeover of the Cluj-Napoca-based distributor PharmaFarm by Armedica Trading, the Romanian development strategies division of Richte...
Dial Telecom taken over by Digital Cable Systems
Telephony operator Dial Telecom SRL Romania (DTR) has become a member of the Romanian digital television services provider Digital Cable Systems (DCS), following the purchase of the entire s...
Pralines market up by 300% in December
Praline producers are expecting 4 times higher sales in December against a regular month, after the first 9 months of 2007 brought them increases by over 80% against the same time in 2006. T...
E.ON GAZ: Gas prices to rise by 30% in 2008
Gas prices for final consumers will rise by 30% by the end of 2008, with the year due to start with a 10% hike following imported gas price increase, estimates E.ON Gaz Romania, which acquir...
Nissan sales hurt by lack of models
The four Nissan models on the SUV segment, X-Trail, Pathfinder, Patrol and Murano, will sell 750 units this year, up 30% against last year. The figure does not include the Qashqai model, pos...